Assopellettieri Appoints New President

MILAN — Assopellettieri, Italy’s organization of leather goods manufacturers, has appointed Franco Gabbrielli as its new president, during an assembly hosted on Wednesday by Confindustria Moda. Reflecting the organization’s recently changed statute, Gabbrielli will helm the association for the 2019 to 2022 period, succeeding Riccardo Braccialini who was appointed to the role in 2015. “It’s one of the most complicated mandates because the current situation is not particularly favorable, especially for small- and medium-size enterprises; it’s an interesting challenge,” Gabbrielli told WWD. According to consolidated data released today, the Italian leather goods sector closed 2018 with revenues of 7.6 billion euros, up 3.1 percent compared with 2017. The growth was driven mainly by exports, up 10 percent in the January-to-December period, reaching 8.2 billion euros from 7.4 billion euros a year earlier. In keeping with an ongoing trend, despite the double-digit growth in value, exports registered a decline in quantities, down 5.8 percent. Along with Switzerland and France, both important logistics hubs for Italy’s leather goods, especially from luxury brands, the U.S., Hong Kong, South Korea and Japan topped the list of importing countries. In particular, the U.S. showed a 6.5 percent increase in 2018 compared to the previous year, while South Korea recorded a

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